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tv   Real Money With Ali Velshi  Al Jazeera  January 7, 2014 3:30am-4:01am EST

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aid. more importantly, for people like this, how they live in 2014. >> a reminder as always there's more on the website, aljazeera.com. get the latest on all the stories we are covering there. aljazeera.com.
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>> an exclusive "america tonight" investigative series >> we traveled here to japan to find out what's really happening at fukushima daiich >> three years after the nucular disaster, the hidden truth about the ongoing cleanup efforts and how the fallout could effect the safety of americans >> are dangerous amounts of radioactive water, leaking into the pacific eververyday? >> join america tonight's michael okwu for an exclusive four part series, as we return to fukushima only on al jazeera america
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the stream is uniquely interactive television. in fact, we depend on you, your ideas, your concerns. >> all these folks are making a whole lot of money. >> you are one of the voices of this show.
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>> i think you've offended everyone with that kathy. >> hold on, there's some room to offend people, i'm here. >> we have a right to know what's in our food and monsanto do not have the right to hide it from us. >> so join the conversation and make it your own. >> watch the stream. >> and join the conversation online @ajamstream.
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consider this: the news of the day plus so much more. >> we begin with the government shutdown. >> answers to the questions no
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one else will ask. >> it seems like they can't agree to anything in washington no matter what. >> antonio mora, award winning and hard hitting. >> we've heard you talk about the history of suicide in your family. >> there's no status quo, just the bottom line. >> but, what about buying shares in a professional athlete?
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>> and now a techknow minute...
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the price of a bitcoin spiked above $1,000, as zinga announced it is going to accept the currency. so now you can use fake money to buy fake stuff from video games.
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bitcoins are not regulated by any banking authority. the value of one bitcoin topped a thousand, but then the rally stalled after china began limbing its use. the world of retail is transforming fast. the forces of change now include shifting consumer habits and new technology. lynn is the original guru. and is the chief operating officer of limited brands. he joins us from harvard business school where he is now working. lynn good to see you. >> great to be with you, aly. >> people want to know what a big thing is.
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and this has been an evolution of combining online and mobile and the retail store experience into one seamless operation. >> there is absolutely no question that we live in a multi-channel world and all of those areas have converged dramatically and the customer wants what he wants when he wants it and the way they want it delivered. >> what have been some of the best examples of retailers that are ready for the next several years in the way our changing habits are going to be? >> clearly in the in-store environment, apple completely changed the rules of the game for what the in-store experience was all about. they provided an incredibly entertaining experience and built a platform that really sets the stage that other retailers have been trying to emulate in a variety of ways. in the online space, amazon continues to be the standard
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barer, whether it is with the online platform or the evolution to drones that we saw in "60 minutes" a few months ago, jeff baseso, is very clear. it revolves around being obsessively customer focused. it requires you to continue to drive down costs and pass those on to the customer, and to be relentlessly innovative, and while it is a small part of the retile environment today, the estimate is that 50% of transactions will be on a mobile device ten years from now. >> there is one that is interesting, uber, the car service. they have something called dynamic pricing, and will we see
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more of that? if it's a rain day, and i try to get uber car, it is going to cost me more. >> there is no question dynamic pricing has really stimulated a human outcry from its passenger base. on the other hand the alternative was to wait in the rain and not have a taxicab. dynamic pricing is here to stay, i think. they need to do a better job of letting the passengers and consumers know about it, but i think it is good going forward. >> lynn drop in next time you are in town, we'll have this conversation in person. >> good to be with you ali. >> my final thoughts are for drivers struggling in driving in
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so many parts of the country. i got one response from a viewer tell me about a personal experience in which he rear ended a car in a parking lot. he thought about paying it, but decided to run it through the insurance. a passenger later claimed to have whiplash from the accident, now by having reported that relatively small claim to his ininsurer, that viewer was covered. in the case of a car injury, personal injury is a bigger consideration than damage to your property. on tuesday a man who knows banks explains why america's prosperity depends on keeping big banks big. i'm ali velshi. thanks for joining us. ♪
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>> welcome to al jazeera. i'm stephanie sy, here are the top stories we are following this hour. ice-cold air gripping much of the nation. 140 million americans facing subzero temperatures because of a polar vortex blasting air from the north pole to the states. the senate approved janet yellen as the new head of the federal reserve, the first woman to lead the central bank. she replaces ben bernanke february 1st. >> the supreme court put same-sex marriage on hold in utah while there is an appeal. the judge ruled the ban anconstitutional. but the supreme cous